EduSahara™ Worksheet

Question 1

1.

If the compound interest on a certain principal is ₹1031.88 for 3 year(s) at ROI 3.00% p.a. computed quarterly, then what is the compound interest for the same principal and duration at 2.00% p.a. ROI?

(i)

₹678.46
(ii)

₹677.46
(iii)

₹679.46
(iv)

₹676.46
(v)

₹680.46

Question 2

2.

If principal is ₹19000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is compound interest computed quarterly, then interest is

(i)

₹3056.34
(ii)

₹3053.34
(iii)

₹3052.34
(iv)

₹3055.34
(v)

₹3054.34

Question 3

3.

If principal is ₹8000.00, ROI is 4.00% p.a., no of year(s) is 2 computed annually, then the difference of compound and simple interest =

(i)

₹13.80
(ii)

₹14.80
(iii)

₹12.80
(iv)

₹11.80
(v)

₹10.80

Question 4

4.

If principal is ₹18000.00, ROI is 10.00% p.a., no of year(s) is 3 and interest type is compound interest computed half yearly, then amount is

(i)

₹24123.72
(ii)

₹24120.72
(iii)

₹24122.72
(iv)

₹24121.72
(v)

₹24119.72

Question 5

5.

The population of a city is 50000. If the rate of increase in population is 7.00% per annum, what is the population after 4 year(s)?

(i)

65520
(ii)

65560
(iii)

65530
(iv)

65550
(v)

65540

Question 6

6.

Calculate the amount due on ₹17000.00 in 3 years when the rates of interest during successive years are 2.00% p.a., 8.00% p.a., 4.00% p.a. respectively.

(i)

₹19475.29
(ii)

₹19478.29
(iii)

₹19476.29
(iv)

₹19474.29
(v)

₹19477.29

Question 7

7.

The population of a city is 30000. If the rate of increase in population is 3.00% per annum, what is the population after 2 year(s)?

(i)

31827
(ii)

31817
(iii)

31847
(iv)

31837
(v)

31807

Question 8

8.

If ROI is 3.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹1592.74 computed annually, then amount is

(i)

₹11591.74
(ii)

₹11594.74
(iii)

₹11593.74
(iv)

₹11590.74
(v)

₹11592.74

Question 9

9.

If the compound interest amount for a certain principal is ₹17715.61 for 5 year(s) at an ROI of 10.00% p.a. computed annually, then interest is

(i)

₹6716.61
(ii)

₹6717.61
(iii)

₹6715.61
(iv)

₹6713.61
(v)

₹6714.61

Question 10

10.

If the difference of compound and simple interest on a certain principal is ₹645.20 for ROI 9.00% p.a. and no of year(s) 3 computed half yearly, then the principal =

(i)

₹19998.00
(ii)

₹20002.00
(iii)

₹20001.00
(iv)

₹19999.00
(v)

₹20000.00

Question 11

11.

If the compound interest amount for a certain principal is ₹9761.52 for 5 year(s) at an ROI of 4.00% p.a. computed quarterly, then interest is

(i)

₹1762.52
(ii)

₹1759.52
(iii)

₹1763.52
(iv)

₹1761.52
(v)

₹1760.52

Question 12

12.

Calculate the amount on
₹19000.00
for
5

3
4
years

at
2.00% p.a.
compounded
half yearly

(i)

₹21305.69
(ii)

₹21303.69
(iii)

₹21302.69
(iv)

₹21304.69
(v)

₹21301.69

Question 13

13.

If the difference of compound and simple interest on a certain principal is ₹1633.00 for ROI 8.00% p.a. and no of year(s) 5 computed quarterly, then the principal =

(i)

₹19000.00
(ii)

₹18999.00
(iii)

₹19001.00
(iv)

₹19002.00
(v)

₹18998.00

Question 14

14.

If principal is ₹8000.00, ROI is 10.00% p.a. and accumulated compound interest computed half yearly is ₹1724.05, then no of years is

(i)

1
(ii)

4
(iii)

3
(iv)

2
(v)

5

Question 15

15.

If principal is ₹7000.00, no of year(s) is 4 and accumulated compound interest computed annually is ₹2881.07, then ROI per annum is

(i)

9.00%
(ii)

7.00%
(iii)

11.00%
(iv)

8.00%
(v)

10.00%

Question 16

16.

Calculate the amount on
₹15000.00
for
5

5
12
years

at
4.00% p.a.
compounded
annually

(i)

₹18552.96
(ii)

₹18551.96
(iii)

₹18553.96
(iv)

₹18554.96
(v)

₹18555.96

Question 17

17.

If the compound interest on a certain principal is ₹2520.00 for 2 year(s) at ROI 10.00% p.a. computed annually, then what is the compound interest for the same principal and duration at 4.00% p.a. ROI?

(i)

₹978.20
(ii)

₹981.20
(iii)

₹979.20
(iv)

₹977.20
(v)

₹980.20

Question 18

18.

If principal is ₹19000.00, ROI is 8.00% p.a. and accumulated compound interest computed quarterly is ₹9233.00, then no of years is

(i)

3
(ii)

7
(iii)

5
(iv)

4
(v)

6

Question 19

19.

If the compound interest on a certain principal is ₹3298.34 for 4 year(s) at ROI 5.00% p.a. computed quarterly, then what is the compound interest for the same principal and ROI for 2 year(s)?

(i)

₹1568.29
(ii)

₹1567.29
(iii)

₹1569.29
(iv)

₹1566.29
(v)

₹1565.29

Question 20

20.

A man invests a ₹14000.00 for 4 years at 3.00% p.a. compounded annually. If 4% of the accrued interest at the end of each year is deducted as income tax, find the amount he receives at the end of 4 years.

(i)

₹15683.82
(ii)

₹15681.82
(iii)

₹15685.82
(iv)

₹15682.82
(v)

₹15684.82

Question 21

21.

If principal is ₹18000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is compound interest computed half yearly, then interest is

(i)

₹8643.40
(ii)

₹8645.40
(iii)

₹8642.40
(iv)

₹8646.40
(v)

₹8644.40

Question 22

22.

at
8.00% p.a.
compounded
quarterly

(i)

₹8738.87
(ii)

₹8739.87
(iii)

₹8742.87
(iv)

₹8741.87
(v)

₹8740.87

Question 23

23.

If ROI is 3.00% p.a., no of year(s) is 3 and accumulated compound interest is ₹1681.98 computed half yearly, then principal is

(i)

₹18002.00
(ii)

₹18000.00
(iii)

₹17999.00
(iv)

₹18001.00
(v)

₹17998.00

Question 24

24.

If the simple interest on a certain principal is ₹360.00 for 2 year(s) at ROI 2.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹366.44
(ii)

₹364.44
(iii)

₹367.44
(iv)

₹365.44
(v)

₹363.44

Question 25

25.

If the simple interest on a certain principal is ₹1500.00 for 3 year(s) at ROI 10.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹1654.00
(ii)

₹1655.00
(iii)

₹1657.00
(iv)

₹1653.00
(v)

₹1656.00

Assignment Key